Axelera AI, an Eindhoven, Netherlands-based AI startup, announced that it closed a $27 million Series A funding round led by Innovation Industries and joined by imec.xpand and the Federal Holding and Investment Company of Belgium (SFPIM). In addition, the Netherland Enterprise Agency (RVO) awarded Axelera AI with $6.7 million of …
WORKERBASE, a Munich, Germany-based SaaS platform that streamlines processes in the manufacturing industry, announced that it secured €10 million in Series A funding. The investment was from new investors Almaz Capital, Porsche Ventures, and Bayern Kapital, with participation from existing investor Point. The European Investment Fund (EIF), Cisco, the European …
BluSapphire Cyber Systems, a Stamford, CT-based full-stack cybersecurity platform, raised $9.2 million in Series A funding. The round was led by Barings Private Equity India, with participation from cross-border VC firms Dallas Venture Capital, RPG Ventures, Merisis Venture Partners, and Binny Bansal (backed xto10x). The funds will help BluSapphire continue …
Neural Payments, a Montgomery, OH-based fintech and peer-to-peer payments provider, announced that it raised $8 million in Series A funding. The round was led by New York-based investment adviser Mendon Venture Partners and joined by CURQL Collective, a fintech-focused strategic investment capital firm based in Des Moines, Iowa. The funds …
Resonai, a Tel Aviv, Israel-based operating system for the built world, announced that it closed a $20 million Series A Extension funding, bringing the total amount raised in the Series A to $30 million. The round was led by Meitav-Dash, a TSE-traded Israeli institutional investment house; Blue Square Israel, the …
Qantev, a Paris, France-based AI InsurTech focused on healthcare, raised €10 million in a Series A funding, bringing Qantev’s total raised to €11.7 million. The round was led by Omnes and Raise Ventures, with the existing investor Elaia following on. The funds will be used to press forward with the …
Vara, a Berlin, Germany-based startup developing an AI system to screen breast cancer, announced that it secured €4.5 million in a Series A extension round, taking the total Series A funding raised to €11M. The round was led by VI Partners, with participation from EQT Foundation, Med360, AI Venture Studio, …
